Startup India Customer Care Number is 1800115565, its email id is firstname.lastname@example.org, and the head office address is Investor India 110, Vigyan Bhavan Annexe, 001, Maulana Azad Road, New Delhi 110 001. Read more about the company overview, social profiles & website link details.
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Startup India Customer Care
Phone Number: 1800115565
Email Id: email@example.com
Office Address: Investor India 110, Vigyan Bhavan Annexe, 001, Maulana Azad Road, New Delhi 110 001
Telephone Number: Not Available
Fax Number: Not Available
About Startup India
Startup India is an initiative launched by the Government of India in January 2016 with the objective of promoting entrepreneurship and fostering a favorable environment for startups in the country. The program aims to encourage innovation, generate employment opportunities, and facilitate economic growth by supporting and nurturing startup ventures.
The Startup India initiative is designed to address various challenges faced by startups, such as access to funding, regulatory complexities, and lack of networking opportunities. It offers a comprehensive ecosystem that includes financial support, mentorship, incubation centers, and policy reforms to create a conducive environment for startups to thrive.
Key features and components of Startup India include:
Simplified Regulatory Environment: The initiative seeks to simplify the regulatory framework for startups by reducing bureaucratic hurdles and providing fast-track patent examination and protection. Startups can avail of self-certification and compliance support for labor and environmental laws during their early stages.
Startup India Hub: The Startup India Hub is a single-point contact for startups to seek information, support, and guidance. It provides access to various resources, including incubators, mentors, legal support, and funding agencies.
Startup India Learning Program: This online learning platform offers entrepreneurs and aspiring startups access to interactive courses, mentorship programs, and knowledge resources to enhance their entrepreneurial skills and knowledge.
Funding Support: The government has established the Fund of Funds for Startups (FFS) with a corpus of INR 10,000 crores (approximately USD 1.4 billion). The FFS invests in selected venture capital funds, providing much-needed capital for startups. Additionally, various other funding schemes and tax incentives are available for startups.
Incubation and Acceleration Support: The initiative promotes the establishment of incubation centers and accelerators across the country. These centers provide startups with infrastructure, mentoring, networking opportunities, and access to investors.
Intellectual Property Rights (IPR) Protection: Startups are encouraged to protect their intellectual property through fast-track examination and expedited patent prosecution. The government bears the cost of filing and provides rebates on patent and trademark fees.
Tax Benefits: Startup India offers several tax incentives and exemptions to startups, including a three-year tax holiday in the first seven years of existence. Startups are exempted from capital gains tax on the sale of residential property for investment in their business.
Collaboration and Networking: The initiative encourages collaboration and knowledge-sharing among startups, industry experts, investors, and government agencies. Events, conferences, and platforms are organized to facilitate networking and exposure to potential investors.
Startup India has played a significant role in fostering entrepreneurship and promoting the startup ecosystem in India. It has helped create a vibrant entrepreneurial culture, leading to the emergence of innovative startups in various sectors and generating employment opportunities.
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